Joby Aviation stock remains in a freefall this week and is hovering at its lowest level since May 2025. It slipped to $6.30, down more than 70% from its high last year, with its valuation falling from over $17.4 billion to $6.2 billion today.
FORT WORTH, Texas--(BUSINESS WIRE)---- $JOBY--The state of Texas officially kicks off its first White House-backed eVTOL Integration Pilot Program (eIPP) flights today. Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, is carrying out a week-long flight campaign across the Dallas-Fort Worth region. The Joby eVTOL aircraft will fly real-wo...
SANTA CRUZ, Calif.--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE: JOBY) today announced that its autonomous J208 aircraft has begun a month-long, coast-to-coast tour with stops across 10 states. The tour demonstrates the real-world operational maturity, safety, and dual-use utility of its autonomous flight system for both civil and defense applications, including emergency services, as ...
If AI and robotics suddenly feel like they are moving faster, August gave investors plenty of evidence that the pace really is accelerating. We saw longer-running agents, faster and cheaper inference, AI systems reaching into laboratories and physical equipment, robots learning from fewer demonstrations, and new capital and infrastructure forming around commercial deployment.
Joby Aviation reached an agreement to acquire Resonant Sciences for $500 million in cash and stock, according to a regulatory filing posted Tuesday. This is the electric air taxi developer's latest move to push deeper into the defense sector.
Joby Aviation said on Tuesday it would buy defense technology company Resonant Sciences for about $500 million, as it looks to scale its business in a growing defense market.
SANTA CRUZ, Calif. & DAYTON, Ohio--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE: JOBY) today announced that it has entered into a definitive agreement to acquire Resonant Sciences, a Dayton, Ohio-based defense technology company, for approximately $500 million. The acquisition will represent a significant expansion of Joby's defense business, delivering immediate scale through a rapidly...
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